DUBLIN, April 15, 2013 /PRNewswire/ --

Research and Markets has announced the addition of the "Global LED Display Driver ICs and Backlights Market 2010 - 2015" report to their offering.

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769 )

The Global LED driver IC market is estimated to grow from $1,119.0 million in 2010 to $4,424.0 million in 2015, at a CAGR of 31.6% from 2010 to 2015. Initiatives taken by the government to phase out demand for incandescent bulbs in lieu of high quality picture images, power efficient lighting offered by LED have increased the deployment and usage of LED driver IC in a range of applications such as displays and lighting.

Amongst these two applications, the LED Display Driver IC Market for lighting applications is expected to grow with a relatively high CAGR of 46.5% from 2010 to 2015. Display application accounted for the largest share; i.e. 80% of the overall LED driver IC market; generating $895.2 million in 2010 and is expected to generate $2,914.0 million in 2015 with a CAGR of 26.6% for the same period. However, the LED driver IC market for lighting applications is expected to grow with a higher CAGR of 46.5% from 2010 to 2015. Countries such as the U.S., Canada, UK, Australia, New Zealand, Japan, Taiwan, Brazil, and Venezuela have taken various steps to replace luminescent bulbs by LED bulbs in order to save power and reduce the greenhouse gas emissions.

At present, Asia-Pacific (APAC) dominates the LED driver IC market, capturing 59.6% of the share in the overall market that is expected to grow at a CAGR of 32.5% from 2010 to 2015. This can be attributed to the factors such as low cost of IC, tax exemptions given by the governments, and presence of Original Equipment Manufacturers/Original Device Manufacturers (OEMs/ODMs).

To view a sample of this report, please click here

Key Topics Covered:

1 Introduction
2 Summary
3 Market Overview
4 Applications Market
5 Geographical analysis
6 Competitive Landscape
7 Company Profiles

Companies Mentioned

- Advanced Analogic Technologies, Inc.
- Austriamicrosystems Ag
- Diodes, Inc.
- Exar Corp
- Fairchild Semiconductor
- Freescale Semiconductor, Inc.
- Infineon Technologies Ag
- Intersil Corp
- Iwatt, Inc.
- Ixys Corp
- Linear Technology Corp
- Macroblock, Inc.
- Maxim Integrated Products, Inc.
- National Semiconductor Corp
- Nxp Semiconductors Nv
- On Semiconductor Corp
- Power Analog Microelectronics, Inc.
- Power Integrations
- Rohm Co., Ltd
- Semtech Corp
- Silicon Touch Technology Inc.
- Stmicroelectronics N.V.
- Supertex Inc.
- Texas Instruments, Inc.

For more information visit Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): 353-1-481-1716

SOURCE Research and Markets